Download or read book Domestic Public Debt of Externally Indebted Countries written by Mr.Manmohan S. Kumar and published by International Monetary Fund. This book was released on 1991-03-15 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study discusses the evolution of domestic public debt in several indebted countries and its relationship with their external debt and underlying fiscal developments. It examines the links between domestic and external debt, taxes, subsidies, and government spending, and reviews strategies for managing domestic public debt.

Download or read book Public Debt North and South written by Helmut Reisen and published by World Bank Publications. This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has government debt risen since 1984 despite rationed foreign lending and efforts at fiscal consolidation? And how can the rising debt be stopped? Possible remedies are growth -oriented fiscal adjustment, improved debt management, and voluntary debt reduction.

Download or read book Domestic and External Public Debt in Developing Countries written by and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book External Debt Statistics written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-06-25 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Guide provides clear, up-to-date guidance on the concepts, definitions, and classifications of the gross external debt of the public and private sectors, and on the sources, compilation techniques, and analytical uses of these data. The Guide supersedes the previous international guidance on external debt statistics available in External Debt: Definition, Statistical Coverage, and Methodology (known as the Gray Book), 1988. The Guides conceptual framework derives from the System of National Accounts 1993 and the fifth edition of the IMFs Balance of Payments Manual(1993). Preparation of the Guide was undertaken by an Inter-Agency Task Force on Finance Statistics, chaired by the IMF and involving representatives from the BIS, the Commonwealth Secretariat, the European Central Bank, Eurostat, the OECD, the Paris Club Secretariat, UNCTAD, and the World Bank.

Download or read book Foreign Debts In The Present And A New International Economic Order written by Detlev CHR. Dicke and published by Routledge. This book was released on 2019-03-06 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the step-by-step approach towards a more just and equitable International Economic Order, an equilibrium of interests based on understanding and experience in a rapidly changing world and discusses the problem of foreign debt in the present and a New International Economic Order.

Download or read book Public Sector Debt Fiscal Deficits and Economic Adjustment written by Alfredo E. Thorne and published by World Bank Publications. This book was released on 1992 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did some highly indebted Latin American Countries experience high inflation as a result of the external shock of the 1980s, while other countries managed to absorb the shock and resume growth?

Download or read book External Debt Sustainability and Domestic Debt in Heavily Indebted Poor Countries written by Marco Arnone and published by . This book was released on 2014 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we broaden the standard debt sustainability framework used in the IMF-WB Heavily Indebted Poor Countries (HIPC) Initiative to include the analysis of domestic public debt and other feedback effects into the usual debt sustainability analysis (DSA). The latter does not take into account the fully-fledged government budget constraint and the feedback effects of the fiscal and monetary adjustment required by multilateral programs. This work focuses on the evaluation of total public debt sustainability in a simple accounting framework that includes exchange rate effects. We use new data on domestic public debt and show how the switch from foreign to domestic borrowing, and rising domestic real interest rates are likely to undermine the overall sustainability and the success of debt relief programs.

Download or read book Foreign Debts in the Present and a New International Economic Order written by International Law Association. Committee on Legal Aspects of a New International Economic Order and published by . This book was released on 1986 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book External Debt Sustainability and Domestic Debt in Heavily Indebted Poor Countries written by Marco Arnone and published by . This book was released on 2007 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Who Owes Who written by Damien Millet and published by Zed Books Ltd.. This book was released on 2013-04-04 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using 50 questions and answers, this book explains the debt impasse for developing countries in a simple but precise manner. It details the roles of the various actors involved, the mesh in which indebted countries are caught, the possible scenarios for getting out of the impasse, and the various alternatives to future indebtedness. It also sets out the various arguments - moral, political, economic, legal and environmental - on which the case for a wholesale cancellation of developing countries‘ external debt rests. It replies to the range of possible objections and proposes new ways of financing development at both local and international level.

Download or read book Domestic Public Debt of Ecternally Indebted Countries written by P. E. Guidotti and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Debt External Competitiveness and Fiscal Discipline in Developing Countries written by Helmut Reisen and published by . This book was released on 1989 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book DOMESTIC PUBLIC DEBT OF EXTERNALLY INDEBETED COUNTRIES written by Pablo E. Guidotti and published by . This book was released on 1991 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Forgotten History of Domestic Debt written by Carmen M. Reinhart and published by . This book was released on 2008 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a rich scholarly literature on sovereign default on external debt. Comparatively little is known about sovereign defaults on domestic debt. Even today, cross-country data on domestic public debt remains curiously exotic, particularly prior to the 1980s. We have filled this gap in the literature by compiling a database on central government public debt (external and domestic). The data span 1914 to 2007 for most countries, reaching back into the nineteenth century for many. Our findings on debt sustainability, sovereign defaults, the temptation to inflate, and the hierarchy of creditors only scratch the surface of what the domestic public debt data can reveal. First, domestic debt is big -- for the 64 countries for which we have long time series, domestic debt accounts for almost two-thirds of total public debt. For most of the sample, this debt carries a market interest rate (except for the financial repression era between WWII and financial liberalization). Second, the data go a long ways toward explaining the puzzle of why countries so often default on their external debts at seemingly low debt thresholds. Third, domestic debt has largely been ignored in the vast empirical work on inflation. In fact, domestic debt (a significant portion of which is long term and non-indexed) is often much larger than the monetary base in the run-up to high inflation episodes. Last, the widely-held view that domestic residents are strictly junior to external creditors does not find broad support.

Download or read book Debt Crisis in the Third World written by Yanhui Zhang and published by GRIN Verlag. This book was released on 2005-05-19 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2003 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,3, University of Northampton, course: Global Political Economy, language: English, abstract: [...] In the 1970s, the world trade framework provided possibilities and opportunities for poor economies to grow. However, the harsh reality of poverty in those new independent nations was the main obstacle for any development. Their economic conditions suggested that borrowing money and gaining foreign aids were reasonable courses in the 1970s. In the meantime, the ex-colonial powers began rising awareness of remaining their influence over their past conquests. Considering of remaining economic dependency, western countries showed great willingness of lending money to poor nations. The result was an unprecedented flow of sources from the developed countries to the developing world. A large proportion of sources were in form of loans and international aids from commercial banks and western governments. Many developing countries had very large debts, and the amount of money they owed was quickly increasing. In 1982, Mexico came finally to the brink of default on its foreign debt. The critical situation marked the beginning of the “Third World Debt Crisis”. In 1970, the fifteen heavily indebted nations (using the World Bank classification of 1989) had an external public debt of $17.923 billion – which amounted to 9.8% for their GNP. By 1987, these same nations owed $402.171 billion, or 47.5% of their GNP. Interest payments owed by these countries went from $2.789 billion in 1970 to $36.251 billion in 1987. In 1991, the developing world as a whole owed a total external debt of $1.362 trillion, or 126.5% of their total exports of goods and services that year (Ferraro, V. & Rosser, M., 1994). Trying to pay off the debt became a serious problem for these countries. The nature and terms as well as the political conditions with them caused great hardship for their people. The debt crisis in the third world is highly linked to the issues of western policies, interest rates, export values and confidence in the international banking system. The crisis is thus an international phenomenon and to understand it fully needs a global perspective. This paper will examine the origins of the debt crisis in the third world in the first part and the consequences in the second part. The third part will give solutions and recommendations followed by conclusion in the fourth part.

Download or read book Guidelines for Public Debt Management Amended written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-09-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Download or read book Dette Publique Finances Publiques Monnaie Et Balaance Des Paiements Dans Les Pays D biteur 1890 1932 1933 written by Clara Eugenia Núñez and published by Universidad de Sevilla. This book was released on 1998 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: